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before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehen
obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are against any tax increases. most americans just want something to be done. >> people a
with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and co
. back to our top story. all eyes on washington where president obama will meet with congressional leaders to make one more attempt to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. w
's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cuts. senate majority leader harry reid says prospects for a deal by monday are still unlikely. there was a lot of movement, motion for not a lot of action. >> where were you yesterday? >> i was here. we were together. >> were we ever with our -- no. but there were duelling senate leaders just -- first mcconnell came on. and he said -- did you see either one of those? >> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other s
soledad is off today. president obama will hold a critical meeting at the white house. and blame game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today?
obama exclusive "meet the press" sunday morning and check your local nbc stations and that's it for tonight. thanks for watching. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready.
president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wanted to break this down simply because there's so much that complicates the story. let's look really quickly at a graphic of the basics, what's happening right now. here's where we stand with the fiscal c
gregory's interview with president obama on "meet the press." i'm chris jansing. i'll see you back here tomorrow morning. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq.
barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington expecting votes on sunday at 6:30 p.m. on sunday and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we might find ou
spending cuts. it's going to affect all of us. president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> we are just four days away from the tax increases and the automatic spending cuts that are going to affect everybody's finances. the president has now called for congressional leaders to come to the white house in search of a last-minute deal to avoid the so-called fiscal cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessi
the fiscal cliff and president obama called for a critical meeting with congressional leaders. >> brian, that meeting gets underway in less than five hours at the white house. senate leaders harry reid and mitch mcdonnell and john boehner and nancy will sit down with president obama. it's the first time all five are meeting since november. economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago. >> the main sticking point is who should pay more in taxes. democrats want a hike on households making more than $400,000 a year and republican aids say their leaders might get on board with that offer. >>> meanwhile if they aren't able to avoid the fiscal cliff people here
obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching. appreciate it. >>> our fifth story, outfront tonight, the viral political videos of 2012. now, there was no shortage of partisan noise today, from political ads to the countless stump speeches. but we here at "outfront" have picked the top 5 videos that really got folks talking around the water cooler. here to them down, will cain, roland martin, pete dominick, all-star contributors. we're going to have some fun with this. viral videos really did define this campaign. often it's a shrilip on the stu that gets picked up. let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that all
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
to something that president obama said on "meet the press" today. >> if all else fails, if republicans do in fact decide to block it so that taxes on middle class families do in, fact, go up on january 1st, then we'll come back with a new congress on january 4th, and the first bill that will be introduced on the floor will be to cut taxes on middle class families, and, you know, i don't think the average person is going to say, gosh, you know, that's a -- that's a really partisan agenda on the part of either the president or democrats in congress. i think people will say that makes sense because that's what the economy needs right now. one way or another we'll get through this. >> it kind of sounds like the president is prepared for this to go into next year, and if it does, who do you think gets the blame? >> well, call it instead of democrats plan "b" call it plan "c" for cliff because i think democrats for a while have held the upper hand on these fiscal cliff negotiations because what is it all mean? this is about taxes for democrats, and the bush tax cuts expire at the end of this ye
, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise them at all but can't do more than john boehner's plan b, and didn't go to a vote. >> one for million. icle >> it would raise you billion in revenue. they were not for it in the first place but maybe get something through if obama willing to cut. obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate maj
to see you, thank you. >> thank you very much. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get
to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state overnight. crews are clearing tons of snow in the gillette stadium now preparing for the patriots/dolphins game this afternoon. >>> keep it here as the clock ticks to the fiscal cliff.
forward. but president obama i am told by this source essentially said to everyone at the meeting, look, if you put this to a vote in the senate and in the house, he believes it would pass. he gave mcconnell and reid about a day basically to come up with their own proposal, something that they believe would make it through both chambers, but interestingly, mcconnell said that he was optimistic in the wake of that meeting. reid said that he found the meeting to be constructive as well as did nancy pelosi. speaker boehner seemed to have a slightly different take, basically saying, look, we've already passed legislation in the house to deal with the sequester, to deal with some of these issues so why not revisit what was passed in the house? but the bottom line is the words that are coming out of this meeting, constructive, optimistic. there seems to be a little bit of movement. you always hesitate to say that because, of course, these talks could become derailed at any minute, but president obama set to address the press and the nation hopefully to give us a little bit of a better sense o
them the public's patience has worn out. after an hour-long closed-door meeting with the president, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote.
's the amount coming in. i want to ask but this, second term, because president obama yesterday on "meet the press" was asked about this question, what does he think his top priority is for his second term? and he said immigration reform is his top priority. listen. >> so what is your single priority of the second term? what is the equivalent to health care? >> well, there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. i will introduce legislation in the first year to get that done. i think we have talked about it long enough. >> clayton: obviously a huge thing that needs to get done. should that be his top priority? what about jobs. >> juliet: a top priority. >> he didn't really say that. he said it was a priority. >> clayton: he said that before he got elected the first time. >> right. and it is a top priority. and the republicans ought to take the lead. they have to get smart. they can not have what happened to them with immigration and other issues sabotage their elections. you look at what's going on and frankl
. nbc news laz learned president obama will host a meeting tomorrow afternoon with congressional leadership from both sides of the aisle. house this really a concussion -- >> you mean john bolton. >> i feel if she ends up testifying next month maybe that's the pivot point. if not then, it's going to be soon. i think it's a question of you have one major political party that devotes itself to tearing somebody down. doesn't mean she can't win in 2016. the reason she's at 70% is because a lot of republicans have forgotten they're not supposed to like the clintons. they will get that message in the next year or two. >> my respect for this senator went through the roof when she ran for the senate in upstate new york, rana, because she could have taken a lot of hell from people who are not rooting for her if she had lost that race. she didn't need to put everything on the table in new york state, and she did it, which is the test of political guts to run up there in upstate new york, and she won a good race. she is unbeatable up there. i think she will run for president if she wants to
four days left and no deal in sight. that could change today, when president obama holds a meeting with all four congressional leader at the white house. we're not saying you should bet on it. let's bring in ron brownstein for "the national journal." >> good morning. >> good morning. we're talking about this whole idea of a fiscal cliff was absolutely not supposed to happen. >> this was a machine that the two sides built to give guy them more will power to do what they didn't want to do to begin with. which is compromise. they could not reach a deal to destabilize the federal government's long-term finances so they built this to put more pressure on themselves to reach a deal now. and even this does not seem to be enough to do it, to force them to make the difficult concessions that are required for the two sides to come together this is indignant of a broader problem we face of a red coalition and blue coalition that reflect very different visions of american and show less and less cooperation. we are looking at a dividing government for the next two years and more likely next fou
to work with members of congress and the president to come to an agreement but yesterday on nbc's meet the press, president obama said gop leaders have rejected his proposal to make a comprehensive deal. >> we don't yet see an agreement and now, the pressure is on congress to produce. >> we are willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> today, senate majority leader harry reid could push for a fallback bill which roe woo raise taxes on families making $250,000 a year or more. that plan would also extend unemployment benefits for two million americans. >>> in our other top story, police continue to search for answers in the murder of a college student. xavier strangefellow was a sophomore in virginia. a vigil was held last night at battlefield high school in haymarket. stringfellow was a graduate of the school. he was found stabbed to death. his body was found inside a crashed minivan. police say he had been involved in an altercation. there has been an arrest made in this case. 22-year-old johnny bonilla is charged with
are traveling down pennsylvania avenue with a meeting at the white house with president obama. also expecting to hear from senator john mccain talking about a filibuster or form, a subject that will be much on the minds of senators as the new senate begins next week. we will cover the white house for you and keep an eye on when mr. mccain comes out. there was an event outside earlier, senator tom harkin from iowa, the democrat, gathered some folks to do a press conference talking about the fiscal cliff and the impact of those spending cuts. let's look at that now and we will wait for senator mccain. >> ok. are we ready? good morning. welcome to the cold morning press conference outside of the senate office building. i'm the executive director and i am one of the nuns on the bus. [laughter] we are here to continue the message that our congress needs to find a solution to the facing. we gather today as a broad coalition of all sorts of members from the washington advocacy community and people from all around the country to stand here together to say we need a conagra's that governs. problems. w
a great programming note. on sunday, president obama will be david gregory's guest on "meet the press." that's this sunday on "meet the press." but coming up next, whatever became of john boehner. remember him? not too long ago, he was the leader of an increasingly powerful republican party in the house. now, he can't even get his own caucus to approve his celebrated plan b. >> and later, through the magic of digital recording, talking about ef efb the most common sense proposals to limit the ability of assault weapons. and with his annual list of best political movies of the year. this is "hardball," the place for politics. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or androi
than the norm. >> president obama and today's edition of "meet the press." speaker boehner in particular said "the president has never called for the senate to act on those bills, he has allowed the democratic controlled senate to lead our economy to the edge of the fiscal cliff. congress people from both parties are searching for a bipartisan solution. that is the leadership that america needs, not what we saw from the president this morning ." those of the comments from speaker boehner. the house has gaveled out. we expect them back in about two hours. let's go to newbury port. caller: thank you for c-span. i do not understand where this $250,000 number comes from. i am 70 and have never been asked to make a sacrifice by any congress. it just seems to me that if the average income in most states -- to ask people making $125,000 or more, to ask them to contribute more, that seems to be a no- brainer. i do not see why people in this country are not ready to make a compromise. let's face it, we will either all have to pay slightly more taxes and accept the fact that our bene
their meeting with president obama. >> i talked to the republican leader bob this is generally -- about this generally. we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a determination, senator mcconnell and i, and we can do something on the floor in addition to what i talked about. we do need that time to have everybody kind of step back a little bit. if we come up with something, it is not that easy. we're dealing with big numbers. i think it was a very positive meeting. there was not a lot of clarity in the meeting. everyone knows how important it is. -- hilarity in the meeting. everyone knows how important it is. >> i share the view of the majority leader. we had a g
with president obama on the fiscal cliff crisis tomorrow on "meet the press." >>> want to check the morning's other top stories from jenna wolfe. good morning. >>> good morning, hi, everyone. over $60 billion of aid to victims of hurricane sandy is hanging in the balance this morning. the senate passed an emergency spending package last night, but the house has yet to vote. republicans want a smaller bill. more than a half million homes and businesses were damaged or destroyed in the october storm. >>> former president george h.w. bush is in intensive care this morning, but his spokesman says he's improving. nbc's gabe gutierrez is outside the hospital in houston for us. good morning. >> reporter: enagood morning to you. as you mentioned, the former president is here at methodist in the intensive care unit. he's improving. the family spokesman now says that his exchanges with doctors and nurses include singing. now the 41st president of the united states went to the hospital in early november for bronchitis. he was released after a few days but then returned after thanksgiving after develop
many people speaking. again, we heard from president obama this morning talking about how important it is to try and get a deal done this week. >> you meet your deadlines, your responsibilities every single day. the folks you sent here to serve should do the same. we cannot let washington politics get in the way of america's progress. we've got to do what it takes to protect the middle class, grow this economy, and move our country forward. >> that was the president's weekly address. that was the very end of that address. and you know, everyone talks about these deadlines. but congress does have a way of pushing those back. so let's talk about that quickly. december 31 at midnight is technically the fiscal cliff deadline. after that is when taxes would go up for most americans. but because january 1 is a federal holiday, that buys congress one day and also january 2 they could use, as well, buying time all the way till january 3 when the new congress comes in. there's deadlines and then there's deadlines. >> although you wind up seeing the market reaction after new year's day. waiti
here. president obama says $250,000 -- maybe i think $350,000 is the line, maybe someone else $150,000 -- we can meet somewhere and cut down -- cut the road somewhere in the middle. and save this country from the uncertainty, the uncertainty that plagues us right now. in the olden days, a long time ago, i was a stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors cannot take is uncertainty. if they no taxes are going up, they will be figure things. if they no taxes are going down, they will figure things. if they now taxes are staying the same, they will figure it out. right now it they are frozen -- they do not know. families are also in many ways frozen. they do not know whether they have to budget so that they will have $2,000 less next year. they do not know whether it will be $4,000. they do not now. the uncertainty is the fault of leaders who cannot get together. i think it is critical that we get a deal. i hope in the next couple of hours. to me -- somebody asked me, what is the difference if you get it now or five days
conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff level m
-called fiscal cliff. they spoke on the senate floor after a meeting with the white house with president obama and leaders from the house. >> what the plan is that everyone knows we have been to the white house, we have had a constructive meeting. we certainly hope that something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. we should not take a long time to do that. i think it would be to everybody's interest if we were not in session tomorrow. my plan to comment at 1:00, we have an hour on our previous agreement that we have. there is an hour of debate on that, we have a vote. we have another vote that has been set up, that is a simple majority. that you are talking about sunday? >> yes. >> we will probably start those votes a little after 2:00. and then for us, we will have another caucus. hopefully by that time, we will have made a determination whether we can do something on the floor in addition to what we have just talked about. i think we need that time to have everybody kind of step back a total bit. is some what
obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction
republicans have walked away. i was there at the house conference meeting when he says we're not having a vote on plan "b." we're in this horrible standpoint right now. asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as m
of the meeting through his trip on c-span3. >> as president obama begins his second term in office, what's the most important issue he should consider for 2013? >> if you're in grade six through 12, make a short video about your message to the president. >> it's c-span student cam video competition. the deadline's january -- for more information go to studentcam.org. >> i like the congressional hearings. i like auto the stuff also about the educationle stuff like all these policymaking situations i'm very interested in i think it's a great thing that washington, d.c. has all these things and c-span covers it. >> eric lowe watches c-span on comcast. c-span, created by america's cable company since 1979, brought to you as a public service by your television provider. host: brendan doherty is the author of the rise of the president's permanent campaign and he's an associate political science professor at the u.s. naval academy and is here to talk about presidents and their campaigning and fundraising. welcome to the program. guest: thank you very much for having me. host: how has the campai
before new year's wondering what policy makers will do at the white house meeting today. host: scott is from colorado springs on the republican line. good morning. caller: good morning. a couple things. i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being senate majority leader is you get to decide what comes to the floor and what does not. that's what makes him such a powerful figure. it's a complaint with your often from republican leaders in the house is the senate legislation that would help the deficit, in their view, would create more jobs, and the democrats incentive not acted. the democrats in the senate say they are partisan bills that don't
it? we keep talking about the meetings betweenby ma and boehner, one of which hasn't happened in a few days but it really isn't a deal between obama and boehner. those two guys say what they want, boehner goes back to his caucus and can't get a deal. >> that's why a bipartisan majority is absolutely necessary, if the senate bill is brought to a vote on the house floor, it will be passed by a majority of democrats and some republicans, but the speaker wasted last week on a bill that had no prospect of success, in fact never even was brought to a vote and now we're down to the last few days. the deal to extend these tax cuts on everyone's first $250,000 of income, remember it's benefits people who earn more than $250,000 because it extends tax cuts on their first $250,000. so somebody earning $300,000 or $350,000 in connecticut will benefit from it. >> senator, ron brownstein wants to ask a question. >> let me play devil's advocate when the tax cuts were passed in 2001 virtually every democrat in the house and senate voted against them. why do you think it's appropriate to perma
and we should get a better gauge of running off the cliff after the meetings. if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >> reporter: and told us last night there's been no major progress. back to you. >> juliet: oh, well. >> dave: and we heard about on friday seemed to dried up. >> clayton: so cautious. >> juliet: i would say i appreciate cautious. >> clayton: well, much has been made about this $250,000 cap that's where the president initially wanted to raise the-- raise revenues taxing anyone over-- making over $250,000 for the household. so, $200,000 for a single person and $250,000 for a married couple. now, it seems like that number is being shifted be
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